An Account that Adapts to You
PSB’s Business Checking Account matches the way you do business:
Take advantage of a checking account with no minimum balance required.
The monthly maintenance fee of $5 plus $0.05 service charge per debit can be eliminated or reduced with a service charge credit of $0.10 for each $100 of average balance.
The monthly maintenance fee for Business Checking accounts can be waived by opting in for eStatements.
There is a minimum opening deposit of $100 on all checking accounts.
Service charges and fees for accounts opened at Iowa branches may be subject to Iowa State sales and local option tax.
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Business Online Banking
Business Online Banking is our Online Cash Management product that allows business clients 24-hour, real-time access to their accounts. Businesses can view account information, move funds, review transactions, as well as initiate stop payments, wire transfers, and ACH transfers.
GO TO Business Online Banking GO TO MOBILE APP
IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT
Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for each individuals that has beneficial ownership (25% or more) and one individual that has significant managerial control of the Legal Entity if you are opening an account on behalf of a Leal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge. all banks will be subject to